AAPL Could Head Above $160
You can’t mistake the correlation between Apple Inc. (NASDAQ:AAPL) and the SPDR S&P 500 ETF Trust (NYSEARCA:SPY).
Here’s AAPL since January:

Image from wallstreet.io
And here’s SPY:

Image from wallstreet.io
This is why I say, as AAPL moves, so does the market…
And my gut says we’ll have a huge leg up from here, or at least touch the 50-day moving average (PURPLE LINE).
AAPL is currently up $50 on the day, and yesterday we saw a doji at the bottom of a trend.
Based on that, we could see AAPL back up above $160 soon.
And I think the market will head in the same direction.
Here’s where I think the market could head today…
I am watching the market to set up our SPX and XSP expiration trades today in the Expiration Trader room.
I think we are going to see a push higher today… so I will likely be setting up a bullish butterfly around 2:00 p.m. (ET).
If you want to be there with me LIVE, sign up here.
Or call Gabe and his team at: 877-848-3418 to get more info.
I’ll see you then,

Mark Sebastian
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One response to “AAPL Could Head Above $160”
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September 09 2022
Thank you Mark for all your advice. I am at sea with the markets. I live in dublin Ireland. I can only access one online account here and they don’t show al of nyse or the